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A merger of Hasbro Inc. and Mattel Inc., which would unite two of the biggest toymakers, would need to win approval from antitrust officials in Washington who are increasingly saying no to deals marrying the dominant players in an industry.
(Updated 1:08 and 3:11 p.m.)
Hasbro Inc. and Mattel Inc. have held talks about merging two of the world’s biggest toymakers, according to people familiar with the matter, in a deal that would bring together the owner of the My Little Pony and Furby brands with Barbie and Hot Wheels.